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Recognition of Revenue for Certain Unclaimed Monies from Various City Funds <br />June 6, 2023 <br />Page 2 <br />3 <br />4 <br />9 <br />9 <br />unclaimed monies on file with the City, FMSA staff published a Public Notice (Exhibit 1) <br />in the Orange County Register in April 2023 for two successive weeks in accordance <br />with the applicable Government Code sections. The City did not receive any inquiries <br />regarding the unclaimed monies as a result of the publication. Part of the unclaimed <br />monies included individual items that were less than $15. These monies were not <br />included in the publication per Government Code section 50055. <br />If the City Council approves the Recommended Action, unclaimed monies in the amount <br />of $84,582.90 will be recorded as revenue in the General Fund, in accordance with the <br />Government Code section 50053. <br />FISCAL IMPACT <br />Unclaimed monies in the amount of $84,582.90 will be reclassified to the General Fund <br />(account no. 01102002-57010 – Miscellaneous Recoveries). <br />EXHIBIT <br />1. Public Notice <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager